GOLD 0.51% $1,391.7 gold futures

Gold pattern pointing up, page-504

  1. 42,212 Posts.
    lightbulb Created with Sketch. 1022
    gold4h.png

    Both the red zone are Friday's low on the $H time frame gold/USD. What is interesting is that price has been sold down initially to take out stops from initially the white zone then rallied last Monday. Seems to be repeating the exercise on Friday that past on previous Friday's low and now rallying.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.